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2/11 Farnborough Street, Aranui, Christchurch, 3 Bedrooms, 1 Bathrooms, Unit

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 08 Day 09

2/11 Farnborough Street, Aranui, Christchurch

3
1
90m2

Nestled in the serene Farnborough Street, this 1979-built, 3-bedroom, 1-bathroom unit with a single carpark is an exemplar of modern living. The residence, with concrete walls in good condition and tiled roof in average condition, is set on a level contour within a Cross-Lease ownership. Inside, it's a haven of comfort with a generous living area, a modern kitchen, and a bathroom that combines practicality with luxury. The addition of an HRV system ensures a healthy living environment year-round. With a Capital Value (CV) of $425,000 as of August 2022, representing a 51.79% increase since 2019, and a HouGarden AVM of $417,500, this property also boasts a latest sale history of $428,500 in 2022 and $88,000 in 2017. Educationally, it falls within the decile 9 Middleton Grange School zone and is close to several other well-rated institutions, offering a prime location for families.

As for the property's financials, the rapid CV growth and the recent sale prices reflect a promising investment opportunity. The property's estimated value has seen a significant leap, underlining its appeal in the market.

For families with school-aged children, the unit is in a highly sought-after school district. It is served by Middleton Grange School, Hillview Christian School, Haeata Community College, Christchurch Adventist School, Hagley Community College, and Marian College, catering to diverse educational needs and preferences.

Updated on August 09, 2024

Council Data

Last update : 2024 09 04
Improvement value$310,000Increased by 34% from year 2019
Land value$115,000Increased by 130% from year 2019
CV(Year 2022 Month 08)$425,000Increased by 51% from year 2019
View typeNo appreciable view
ContourLevel
Floor area90m²
Decade of construction1979
TitleCB19B/1412
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 42367 ON LOT 9 DP 29753 HAVING SHARE IN 746 M2
CouncilChristchurch
Estate descriptionFSIM,1/2,LOT 9 DEPOSITED PLAN 29753,746m2
ConstructionExternal Walls: Concrete
Roof: Tiles
ConditionExternal Walls: Good
Roof: Average
ZoningResidential Suburban

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Haeata Community Campus
1.22 km
Combined
1-13
Government
Co-Educational
EQI: 546
1
Marian College
6.05 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Hillview Christian School
6.76 km
Combined
1-13
Government
Co-Educational
EQI: 421
7
Te Puna Wai o Waipapa - Hagley College
7.65 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Christchurch Adventist School
8.20 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Middleton Grange School
11.20 km
Combined
1-13
Government
Co-Educational
EQI: 406
9

Property history

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For developers

Unitary plan:Residential Suburban
Land:-
Title:Cross-Lease
Zoning
Underground
Contour
State houses
Flood zone

Surrounding facilities

Farnborough Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
25 Portchester Street, Aranui
0.09 km
-m2
Year 2024 Month 09 Day 04
$110,500
Council approved
24 Portchester Street, Aranui
0.08 km
-m2
Year 2024 Month 09 Day 04
$151,800
Council approved
487B Pages Road, Bexley
0.06 km
3
1
-m2
Year 2024 Month 08 Day 28
$276,000
Council approved
18 Corhampton Street, Aranui
0.15 km
3
1
86m2
Year 2024 Month 07 Day 01
$518,000
Council approved
479 Pages Road, Bexley
0.04 km
4
2
136m2
Year 2024 Month 04 Day 05
$664,000
Council approved

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